Category: Mines and Mining

The Bank Trump Is Relying On for Rare-Earth Minerals

The New York Times – Business:
The Export-Import Bank is providing a $10 billion loan to Project Vault, an initiative to stockpile critical minerals. The project is the administration’s latest effort to reduce reliance on China.
Glencore and Rio Tinto Restart Talks to Create a Mining Giant

The negotiations come amid an increase in deal-making across the mining industry as demand for copper and other metals soars.
Meet a U.S. Start-Up Trying to Break China’s Rare-Earth Monopoly

Companies like Phoenix Tailings, which recently began producing metal in New Hampshire, are using new processing methods to compete with Chinese suppliers.
Guinea Goes to Polls as Ruling Junta Seeks Legitimacy

Whoever wins faces the daunting task of feeding the West African country’s poor and navigating the interests of global powers seeking critical minerals, analysts say.
The Government Is Shut Down. But Not for Fossil Fuels.

Federal workers who issue permits for oil, gas and mining operations are on the job, along with those working to repeal pollution limits.
U.S. to Take Control of More Companies to Counter China

Treasury Secretary Scott Bessent said China’s dominance of rare earths calls for a more assertive American industrial policy.
Anglo American and Teck Resources to Merge, Forming a Copper Giant

The deal, billed as a merger of equals, comes amid a surge in demand for copper, a crucial component in technology, from data centers to electric vehicles.
Maurice Tempelsman, Diamond Magnate and Jackie Onassis’s Companion, Dies at 95

A private and politically connected gem merchant, he was thrust into the public spotlight when his personal relationship with the former first lady became known in the late 1980s.
3 Workers Freed From Collapsed Mine in Western Canada

The miners were trapped underground at a gold and copper mine in British Columbia on Tuesday, prompting a major rescue operation.
Trump’s Copper Tariff Threat Leaves Companies Scrambling

President Trump wants America to produce more of the much-needed mineral, but a 50 percent tariff could undermine his aim of a manufacturing renaissance.
Canada’s Indigenous Groups Demand a Say in Carney’s Race to Build

Prime Minister Mark Carney wants to fast-track nation-building projects to remake Canada’s economy. Indigenous groups want a seat at the table.
China’s Rare Earth Origin Story, Explained

Low environmental standards helped China become the world’s low-cost producer of rare earths, but Beijing was also focused on helping the industry.